$3,443 Closing Credit*
$289,900
864 SqFt
2 Beds
•1 Bath
Listing Office: Edina Realty, Inc.
Is Waterville, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Waterville has remained a Seller's Market.
Key Takeaway
Waterville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waterville, MN
How much do homes in Waterville, MN cost?
Median Sold Price
$402,500
$188/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$137,500(+51.9%)
Key Takeaway
Homes in Waterville have sold for 51.9% more than they did a month ago.
Summary: The median home sold price in Waterville was $402,500 in December 2024, up 51.9% from last month, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $208.1K | - | N/A |
| 3 Bedrooms | $306.7K | $404.2K | +31.8% |
| 4 Bedrooms | $285K | $402.5K | +41.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Waterville housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Waterville | $265K | $402.5K | +51.9% |
| Waterville Township | $265K | $402.5K | +51.9% |
Housing Supply in Waterville, MN
How many homes are available in Waterville, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The Waterville real estate market had 15 homes for sale in December 2024, a 21.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Waterville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waterville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Waterville in December 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Waterville, MN
How long does it take to sell a home in Waterville, MN?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 61 Days | 56 Days | -8.4% |
Summary: Homes in Waterville had an average of 56 days on market in Dec 2024, down by 8.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Waterville has remained consistent over time.
Summary: During December 2024, 3 homes were sold in Waterville; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
